Giveth price

GIV

#5946

The GIVeconomy enables donors to for-good projects on Giveth to become shareholders and members of the Giveth organization. It acts as an entry point for “GIVers” to learn about & earn rewards with DeFi, and creates value and utility for the GIV token.

The GIVeconomy launched on December 24, 2021 and can be broken down into 5 parts: - GIVbacks: A program that rewards donors to verified projects on Giveth with GIV, and therefore governance over the platform. - GIVfarm: Rewards for liquidity providers and stakers who support the GIV token. - GIVgarden: The decentralized governance platform for the GIVeconomy where GIV holders can vote on proposals requesting funding from the DAO - GIVstream: A continuous flow of GIV that provides increasing governance power to GIVeconomy participants as the GIVeconomy grows, until December 23, 2026. - GIVdrop: A distribution to previous Giveth participants & supporters designed to kickstart the economy with value-aligned supporters.

Giveth encourages Decentralization: * Giveth offers innovative open-source solutions built on blockchain technology, which is inherently decentralized * Giveth is pioneering and experimenting with decentralized governance and communication techniques and supporting their adoption by other communities

Giveth promotes Altruism: * Giveth is an open, non-hierarchical global initiative empowering social, environmental and humanistic impact projects with modern technologies * Giveth supports many like-minded initiatives that are adding value to the world without necessarily having a direct profit motive * Giveth is building a self-sustaining giving economy that encourages and rewards altruistic intention

Giveth believes in the power of Community: * Giveth is an inclusive community united around a common goal * Giveth is a community-owned platform, building and developing our DApps based on feedback from our members * Giveth enables trust within communities by increasing transparency and accountability through blockchain technology * Giveth proactively reaches out to similar initiatives which we see as potential collaborators, as opposed to competitors

To learn more about Giveth and the GIVeconomy, check out our GIVeconomy launch post and our documentation